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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are those tax on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers b
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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Jan 26, 2013
01/13
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it's been three weeks since the congress and the president raised taxes to prevent the fiscal cliff. you know what some conservatives were saying before the election? they called it taxmageddon. many said all they needed was mitt romney to save them. even mitt romney was in awe of mitt romney's awesomeness. >> they'll probably be looking at what the polls are saying, but it looks like i'll be winning the markets and the markets will be happy. it depends which markets you're talking approximate. but my own view is, if we win on november 6th, there will be a great deal of optimism about the future of this country. we'll see capital come back, and we'll see -- without actually doing anything, we'll actually get a boost in the economy. >> i mean, there would be no way the economy could sustain a kenyan muslim socialist assault on all that is good and right and american. but our markets for another few days, much less four more years. again, today is january 25th. and the markets are supposed to be in the tank. so when i heard this, i could barely understand the words. >> this is some sus
it's been three weeks since the congress and the president raised taxes to prevent the fiscal cliff. you know what some conservatives were saying before the election? they called it taxmageddon. many said all they needed was mitt romney to save them. even mitt romney was in awe of mitt romney's awesomeness. >> they'll probably be looking at what the polls are saying, but it looks like i'll be winning the markets and the markets will be happy. it depends which markets you're talking...
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Jan 24, 2013
01/13
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the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the wars? or do you think maybe we could insure maybe another 30 million people? do the path. that would pay for about half of obama care. that would really make the righties happy. think about it. why is it number one, wall street doesn't get prosecuted. number two, they get off scot-free on these transactions. this is an easy thing, and nobody is going to feel it. everything is going to be fine. joining me tonight, david cay johnston, pulitzer prize winning journalist and author of "the fine print." david cay, grit to have you with us. >> good to be here. >> explain what a high speed trade is for thos
the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the...
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Jan 26, 2013
01/13
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MSNBC
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he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a half. and ryan needs $800 billion. is ryan really going to cut all that by half, by more than half? that would be the most unpopular budget in history, it would be a disaster. or would the republican party change their promises and cut into medicaid or social security in the next ten years? this is what they have backed themselves into, these choices. there is a reason why ryan, who is really a conservative guy, who is trying to create a budget, that was a genuinely conservative guy, if you're not raising taxes you can't do i
he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a...
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Jan 25, 2013
01/13
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MSNBC
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the president did something very clear when he wanted to raise tax breaks or get rid of tax breaks for the wealthy in that he forced the republicans to fight for the wealthy and the average american said we no longer understand them. if we're going to really change and do better on election day and particularly get the white house back, we better get average americans to think we're fighting for them every day not just a small group of americans. >> bobby jindal offered a few details on how to, quote, stop being the stupid party. he did also say this. >> today's conservatism is completely wrapped up in solving the hideous mess that is the federal budget. the deficits, the mammoth federal death and the shortfall on our entitlement programs. we have an obsession with government book gaming. it's a rigged game and the wrong game for us to play. no, the republican party does not need to change our principles but we might need to change just about everything else we are doing. >> listening to bobby jindal and listening to what john just had to say is this largely a messaging problem? >> no,
the president did something very clear when he wanted to raise tax breaks or get rid of tax breaks for the wealthy in that he forced the republicans to fight for the wealthy and the average american said we no longer understand them. if we're going to really change and do better on election day and particularly get the white house back, we better get average americans to think we're fighting for them every day not just a small group of americans. >> bobby jindal offered a few details on...
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and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the cost of this is what it would be so i understand what portion of it would be my point is is just . is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought our levels of spending right now are not that different than they were in one nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty nine hundred seventy the top tax rate was ninety one percent corporations are payi
and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that...
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by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the conservative movement would step out of the bubble and they'd see that giving more money to working people actually does help the economy a new jersey policy perspective analyzed the economic economic impact in new jersey of raising the minimum wage and found it would lead to an economic boom it would mean four hundred thirty nine million more dollars in the hands of working people in that state that would increase economic activity by two hundred seventy eight million dollars in the first year an equivalent of two thousand four hundred twenty new full time jobs would be. created all this from rai
by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the...
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and tens of billions and hundreds of billions and then people like that try to change our laws in our tax policy to screw the rest of us they can get even more money for their money bins then i think that it's actually a mental illness is destructive to all of us and mike in janesville wisconsin hey mike what's up. there do you mean. the fire form is light. always powerful. one can make himself right whether we like it or not but we have too much government and our government at this time is a. government. nepotism look at the bush one second look at the kennedy one of. those people were elected mike they didn't appoint each other i don't disagree that there is corruption in our government and if you want to talk about and thanks for the call the point if you want to talk about for example the military industrial complex the revolving door the people leaving congress and going into lobbying or going in to trade associations billy tauzin pushing through medicare part d. and then going to work for pharma for millions of dollars a year you know i don't disagree with you that a lot of corrupt
and tens of billions and hundreds of billions and then people like that try to change our laws in our tax policy to screw the rest of us they can get even more money for their money bins then i think that it's actually a mental illness is destructive to all of us and mike in janesville wisconsin hey mike what's up. there do you mean. the fire form is light. always powerful. one can make himself right whether we like it or not but we have too much government and our government at this time is a....
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Jan 27, 2013
01/13
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CSPAN2
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and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are. for us conservatives will argue our objective is to elevate everybody by increasing prosperity, by unleashing the private sector from overbearing government regulation so everybody can prosper. we believe there's an unlimited ability for prosperity. the left believes it's a fixed amount and everybody gets a slice. that's not how we see things. you don't hear the laughter ticket waiting a response to that discussion because what obama wants to do is force redistribution. if you are honest about that, his goals of not just equalize the number one, they're putting them down because that's what happe
and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are....
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that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l a times or any other article big government thinks that this is also going to diminish risky behavior by banks toure's that's it for your take my take alive thanks for all your calls and if we didn't get your calls tonight try is back next week. coming up all across america republicans are working to hard to corrupt our democracy and to rig the twenty sixteen election how could reforming the american voting process help to put integrity back into our democracy. let me let me i want to wouldn't let me ask you a question from. here on this network is
that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l...
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Jan 25, 2013
01/13
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CURRENT
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won the presidency, rammed through those bush tax cuts in march of his first year in. democrats get power, and they are free to use it. this time, we democrats won the white house. we picked up what? three seats or whatever it was in the senate, held on to the senate and picked up, up to 55 votes in the senate and picked up -- didn't win the house but won eight new seats in the house of representatives. so democrats have the power today. this was the best moment, the best opportunity we will ever have to do something important for this nation in order to get things done no matter which party is in charge and go aheadet rid of the filibuster or at least fix it so that it can't -- it's not subject to such abuse and refuse to do it. just walked away from that opportunity. harry reid did. diane, up in buffalo new york hey, diane, good morning. >> hey, bill. how are you? >> bill: i am good. just a little -- caller: i am not just disappointed. i am angry. i am so angry at harry reid. you know, we fight the fight every day against these republicans against the middle class to
won the presidency, rammed through those bush tax cuts in march of his first year in. democrats get power, and they are free to use it. this time, we democrats won the white house. we picked up what? three seats or whatever it was in the senate, held on to the senate and picked up, up to 55 votes in the senate and picked up -- didn't win the house but won eight new seats in the house of representatives. so democrats have the power today. this was the best moment, the best opportunity we will...
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Jan 25, 2013
01/13
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there are no taxes in -- glen becky becky becky becky stan stan. >> there are no roads, police teachers, libraries, garbage pickup or sewage statement in -- >> glen becky becky becky becky stan stan. >> but you will friend off the wild animals and then the survivalist train willing kick in. who needs government. it is over rated. join us in -- >> glen becky becky stan stan. >> want to shoot your gun in all directions, go ahead. with a small down payment it can be yours. >> above the fruited plains. >> our future is in the past. >> stephanie: good call, producer chris. >> thank you. >> stephanie: you just dropped that out of nowhere. >> i did. it was just there. >> stephanie: a little comedy ribbon candy. oh by the way, my 90-year-old republican mom who i just took to dinner -- >> with the casket -- cassette player. >> stephanie: yes. the ipad mini is a little too small for my taste. you can't quite see. >> i think you can increase the font size? >> stephanie: oh, really? like i know how to do that. >> where is the font button? >> stephanie: yeah, is there a big button that says font? bu
there are no taxes in -- glen becky becky becky becky stan stan. >> there are no roads, police teachers, libraries, garbage pickup or sewage statement in -- >> glen becky becky becky becky stan stan. >> but you will friend off the wild animals and then the survivalist train willing kick in. who needs government. it is over rated. join us in -- >> glen becky becky stan stan. >> want to shoot your gun in all directions, go ahead. with a small down payment it can be...
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Jan 28, 2013
01/13
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CSPAN
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eye 137
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in other words, if you're going to cut taxes you cut taxes nationally. you cut rates. you don't target. there's -- the fargetting and particularly this is true at the state and local level, the targeting is where giveaways takes place and targeting is where you play with -- you play -- you figure out ways to appeal to people, right? so what that means is if you're at a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? that -- economic growth is the only solution, private sector economic growth is the only solution to refilling government coffers so that the money doesn't have to come directly from the taxpayer and reducing the debt and reducing the deficit under those conditions. now here's where it gets interesting, because the republican solutions to economic growth widely and understandably has been tax cuts. that is -- that is the policy that has been. now what if the republican solution is, i think the first person to lay out succinctly as anybody is a series of gover
in other words, if you're going to cut taxes you cut taxes nationally. you cut rates. you don't target. there's -- the fargetting and particularly this is true at the state and local level, the targeting is where giveaways takes place and targeting is where you play with -- you play -- you figure out ways to appeal to people, right? so what that means is if you're at a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through...
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Jan 26, 2013
01/13
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FOXNEWS
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match him up against the republicans on a whole host of issues including republican staple issues like taxes and foreign policy she does better. it's not enough to go into communities they've ignored or tinker with their message. they have to take a hard look at policies they've embraced, like self-deportation for immigration reform. i don't care how you spin that, hispanics are not going to embrace you if you have a policy like that in your party. >> rick: ron? >> i have to tell you i think president obama is going to help republicans out because he's now unveiled a liberal agenda that, since he has been reelected, surprise, surprise and republicans will be able to contrast themselves as a much morecentric party than the president is going, way left and i think on issues like, climate change, on spending, on, you know, creating a culture of dependence on the federal government, we can help to drive a wedge between senate democrats who are in red states up in 2004, we can drive a wedge between them and focus first on getting back the senate before we go after the presidency. >> rick: doug, w
match him up against the republicans on a whole host of issues including republican staple issues like taxes and foreign policy she does better. it's not enough to go into communities they've ignored or tinker with their message. they have to take a hard look at policies they've embraced, like self-deportation for immigration reform. i don't care how you spin that, hispanics are not going to embrace you if you have a policy like that in your party. >> rick: ron? >> i have to tell...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent. this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are thus taxed on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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Jan 28, 2013
01/13
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FBC
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with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history of making bad business decisions in illinois. we sold the parking meter rights, and weave given away cash flows for 20 years on out. this is no surprise, and it's the worst in the union now, and it's not better because we're on a negative watch as well again. where we go from here is we have to see a massive exodus of people like myself or anybody get behind this. we're in trouble. are you or anyone else in illinois going to do a mike dirk mickelson or sarkozy in do you see a lot of tax refugees pouring out of illinois, you
with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history...
SFGTV2: San Francisco Government Television
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Jan 28, 2013
01/13
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SFGTV2
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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Jan 26, 2013
01/13
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. >> say on the tax policy, they fought on raising taxes on the rich. 60% to 70% of the public agree with the president on that. so they're marginalized on a lot of policy matters, and the stupid comments don't come out. >> coming out for lower taxes are not going to get you beat. why don't they stick to the strong points? republicans looked ridiculous this week when they decided to go after hillary clinton, who is riding so high in the polls. why did they go after her at the very point she was at her strongest, they attacked. let's take a look. >> i'm glad that you're accepting responsibility. i think that ultimately with your leaving you accept the culpability for the worst tragedy since 9/11, and i really mean that. had i been president at the time and i found that you did not read the cables from benghazi, you did not read the cables from ambassador stevens, i would have relieved you of your post. i think it's inexcusable not to know of the request for security that really i think cost these people their lives. >> madam secretary, you let the consulate become a death trap. and th
. >> say on the tax policy, they fought on raising taxes on the rich. 60% to 70% of the public agree with the president on that. so they're marginalized on a lot of policy matters, and the stupid comments don't come out. >> coming out for lower taxes are not going to get you beat. why don't they stick to the strong points? republicans looked ridiculous this week when they decided to go after hillary clinton, who is riding so high in the polls. why did they go after her at the very...
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Jan 25, 2013
01/13
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CSPAN
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the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the government. host: president in his inaugural address earlier this week addressed the issue. the first time the word gay was used in an inaugural address. here's a portion of his speech. [video clip] >> we the people declare today that the most evident of truths that all of us are created equal is the star that guides us still just as it guided our forebears through seneca falls and selma and stone wall, just as it guided all those men and women who left footprints along this great mall to hear a preacher say that
the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the...
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Jan 31, 2013
01/13
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MSNBC
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time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> massachusetts governor duvall patrick has named a place holder to fill the senate seat of john terry. he'd be the second african-american in the senate. tim scott of south carolina, another appointee is the other. it's the first time in history that two african-americans have served in the senate at the same time. in selecting cowan, governor patrick passed over former congressman barney frank who openly lobbied for the job. cowan will serve until april 30th when massachusetts voters will choose someone to fill out the remainder of kerry's term. we'll be right back. stand. our financial advice is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] [ male announcer ] life brings obstacles. usaa brings retirement advice. call or visit us online. we're ready to help. learn more with ou
time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> massachusetts governor duvall patrick has named a place holder to fill the senate seat of john terry. he'd be the second african-american in the senate. tim scott of south carolina, another appointee is the other. it's the first time in history that two african-americans have served in the senate at the same...
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Jan 28, 2013
01/13
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FBC
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john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said they will make a push to eliminate their state income tax and i think we will see a lot more states compete against each other to attract businesses and economic development in a way. john: thank you, starlee rhoades and mark meckler. coming up on obama part two. the fight over immigration and illegal immigration in the president's own words or he will do words come back to haunt him? >> our federal debt has increased from 3.5 trillion to $8.6 trillion. $8.6 trillthe boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their
john: john: what about taxes? >> we should just do away with taxes altogether and. john: we hear this but it's not gone. people like federal rules. >> one of the things that we know is that states without an income tax be so much better economically. we have a higher rate of entrepreneurship, they have higher job growth, higher personal income growth. in states where we are seeing this, where they have experimented with it, they are doing better. last week for new governors said...
SFGTV2: San Francisco Government Television
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Jan 30, 2013
01/13
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SFGTV2
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we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of good things that 1%ers are for. >> he is not really offering of a lot. >> he is talking about being taxed less than his assistant. there is a group of patriotic millionaires. it is the belief that you owe backe to a country that has helped to make you what you are. steve jobs -- we had a tough column in the last issue. it was tough not about apple labor practices in china. here you had a man of great wealth was talking about cutting taxes and never really gave of his philanthropic wealth. poor bill gates, he gets nailed for being so square. you can disagree with some things. but
we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of...
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79
Jan 26, 2013
01/13
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FOXNEWS
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it is all a tax on our future. instead of politicians pledging not to raise taxes what we need are politicians pledging not to raise spending. now finally we have got that thanks to jonathan bid lack of the coalition to reduce spending which came up with this reject the debt pledge. tell me about that. >> well, the pledge basically asks candidates three things one vote for a balanced budget, two they won't vote for any spending that is offset elsewhere in the budget. three they won't vote to increase borrowing or the debt ceiling. >> anybody sign it? >> we had 24 candidates who signed. >> you just started it this year? >> this election cycle. the two elected were senator cruise from texas and doug collins representative from georgia. >> that means most of them lost. >> obviously this is not something that is easy to sign. it is easy to say you are not going to write taxes another to say you are not going to borrowing. >> i will sign it because i don't count. i am not a politician. i get the part therefore i pledge
it is all a tax on our future. instead of politicians pledging not to raise taxes what we need are politicians pledging not to raise spending. now finally we have got that thanks to jonathan bid lack of the coalition to reduce spending which came up with this reject the debt pledge. tell me about that. >> well, the pledge basically asks candidates three things one vote for a balanced budget, two they won't vote for any spending that is offset elsewhere in the budget. three they won't vote...
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Jan 24, 2013
01/13
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MSNBCW
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. >> is there any downside to a tax? >> yeah, if you're a hedge fund manager or one of the high-speed traders, you're going to have to pay some tax and it's going to discourage you from making bets that distort the market. for the rest of us, i don't see a downside, ed. >> how would we make a determination? because you know they would come back and say oh, this is really going to hurt the economy. how would this hurt the economy? >> i don't see how discouraging speculation, which is almost all done with borrowed money. they effectively borrow money at a rate of 30 to 1. you put 3% down and borrow the rest of the money. i don't see how this hurts the economy. and if we reduce this volatility and reduce market distortion, we can get back to having a market focused on investments that create production in the future and wealth in the future, not creaming the market today through speculation. >> quickly, you think this is something congress could embrace? >> not probably in this congress in the house, but i think this is an
. >> is there any downside to a tax? >> yeah, if you're a hedge fund manager or one of the high-speed traders, you're going to have to pay some tax and it's going to discourage you from making bets that distort the market. for the rest of us, i don't see a downside, ed. >> how would we make a determination? because you know they would come back and say oh, this is really going to hurt the economy. how would this hurt the economy? >> i don't see how discouraging...
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Jan 31, 2013
01/13
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MSNBC
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because he's trying to do away with personal income taxes. and he wanted to eliminate hospice care for medicaid patients. so this perspective on spending that the tea party brought certainly hasn't gone away. anytime you've got 36 united states senators who voted down sandy relief a couple days ago, you know that something has fundamentally changed about the way that republicans talk about government. so i think it's too early to say that they're dead, but all the things dana points to are good signs and signs of some kind of sanity seeping in. >> and dana, maybe it's all in a name. because i think what continues on for sure is this conservative domination particularly in republican primaries. i mean, here you've got mitch mcconnell being threatened now in kentucky and next year's election from the right. >> right. and the tea party's never really been an organized political force. and i'm using that as a shorthand for the far right that's been dominating the party right now. and as i point out in the column, that force really isn't going any
because he's trying to do away with personal income taxes. and he wanted to eliminate hospice care for medicaid patients. so this perspective on spending that the tea party brought certainly hasn't gone away. anytime you've got 36 united states senators who voted down sandy relief a couple days ago, you know that something has fundamentally changed about the way that republicans talk about government. so i think it's too early to say that they're dead, but all the things dana points to are good...
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Feb 1, 2013
02/13
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KPIX
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sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. yeah, we have an economy that's still struggling despite some positive signs like higher consumer spending, higher business investment. the job market is similar. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly awaiting the government's january jobs report. analysts predict the country added jobs last month but not enough to buck the unemployment rate from its current 7.8%. >> it's been a slow process. >> latoya patrick is one of america's estimated 12 million unemployed workers. she's been looking for a job since the fall after graduating with a master's degree. >> i'm not going to lie. it's been really tough sometimes. when you're home, you feel like you feel like you know i spent all this time going to school and it's like nobody's giving you a chance. >> economists say until more people like latoya find jobs the
sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. yeah, we have an economy that's still struggling despite some positive signs like higher consumer spending, higher business investment. the job market is similar. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly...